Archive for the 'General Airline News' Category

Greek Olympic Airlines enters a new era

Thursday, March 26th, 2009

Travel Daily News Olympic Airlines on Monday entered a new era, a long period of decadence finally ends giving its place to an era of high expectations and demands, Development Minister Costis Hatzidakis said during a privatization ceremony of the national carrier and the signing of the final agreement for the purchase of Olympic Airlines’ […]

Iceland Air Announces Flights from Seattle to Europe

Wednesday, March 25th, 2009

Iceland Air Announces Nonstop Flights from Seattle Seattle Flight Schedule : FI680 departs SEA at 4:30pm / arrives in Reykjavik (KEF) at 6:45am the following morning. FI681 departs KEF at 5:00pm / arrives SEA at 5:45pm the same day. A SAMPLING OF FARES Sample fares from Boston, plus New York-JFK and Minneapolis/St. Paul. Travel from […]

Premier: Air transport entering new phase

Tuesday, March 24th, 2009

Prime Minister Costas Karamanlis, referring to the signing of the Olympic Airways airline company’s transfer agreemeent to the Marfing Investment Group (MIG) group, said on Monday “the period of decline for Olympic Airways is finally closing and our homeland is passing into a new phase concerning air transport.” The prime minister added that the period […]

MIG OA acquisition to be signed Monday afternoon

Monday, March 23rd, 2009

The agreement between the Greek State and MIG (Marfin Investment Group) on the privatization of Olympic Airlines is to be signed at Zappeio Mansion in the afternoon. O.A.’s three companies will be purchased by the Andreas Vgenopoulos for €177.2 million. MIG will purchase the company’s assets, Panthon’s share-ownership, OA’s technical maintenance and ground handling service. […]

FLIGHTS GROUNDED- OA staff protesting sell-off to force cancellations today

Friday, March 20th, 2009

ekathimerini Passengers planning to travel on domestic or international flights today will face disruptions as Olympic Airlines staff stage a 24-hour strike, protesting at the privatization of the ailing national carrier. At least 96 domestic flights are expected to be canceled and many others delayed. Passengers should telephone OA on 210.966.6666 for details about rescheduled […]

A. Vgenopoulos: “Willing to Give 49% to the State if Asked”

Sunday, March 15th, 2009

EPTOnline MIG Vice President Andreas Vgenopoulos has stated from Heraklion, Crete he is willing not to sell OA, but to transfer up to 49% to the state if asked. Mr Vgenopoulos presented a new liner connecting Piraeus with Heraklion in Heraklion, Crete Thursday. The ship belongs to Attica Group and will begin its trips as […]

OA contracts approved

Thursday, March 12th, 2009

Ana.gr Development Minister Kostis Hatzidakis announced on Wednesday that the Interministerial Privatisation Committee, that convened in the afternoon, approved contracts on the privatisation of the two out of the three companies related to Olympic Airlines, Flight Work and Technical Base, while speaking at the end of the session. The Committee decided officially that the contracts, […]